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비선형 요한센 공적분 검정×벡터 오차 수정 모형 (VECM)×
분야계량경제학계량경제학
계열Regression modelRegression model
기원 연도20011987
창시자Breitung (2001), building on Johansen (1988, 1991)Robert F. Engle and Clive W. J. Granger
유형Nonparametric rank-based cointegration testMultivariate time-series model
원전Breitung, J. (2001). Rank tests for nonlinear cointegration. Journal of Business and Economic Statistics, 19(3), 331-340. DOI ↗Engle, R. F., & Granger, C. W. J. (1987). Co-integration and error correction: Representation, estimation, and testing. Econometrica, 55(2), 251–276. DOI ↗
별칭nonlinear cointegration test, threshold Johansen cointegration, rank test for nonlinear cointegration, nonlinear VECM cointegrationVECM, error correction VAR, cointegrated VAR, vector equilibrium correction model
관련35
요약Nonlinear Johansen cointegration extends the classical Johansen framework to detect long-run equilibrium relationships among integrated time series when the adjustment process is nonlinear. Using rank-based transformations, the approach tests for cointegration without assuming a linear error-correction mechanism, making it suitable for economic relationships characterized by asymmetric or threshold dynamics.The Vector Error Correction Model extends the Vector Autoregression (VAR) framework to a system of variables that share one or more long-run equilibrium relationships. It jointly models short-run dynamics and the speed at which each variable corrects back toward equilibrium after a shock, making it the standard tool for analysing cointegrated multivariate time series.
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